Potentially a mix of the data scraping taking into account blocked days on the calendar as true occupancy, and factoring fees as part of the ADR (average daily rate) I would say they have shown a material miss when it comes to data for properties that I had managed in the past.

The other piece to factor is the amount of time that it takes to secure a HELOC which is averaging anywhere from 3-6 monhts (I'm currently nearly three months into a HELOC application for my rental).

😩 I just downloaded this app and I really hope that this isn’t against the rules to ask for, but I’m just so lost and I’m trying to do whatever I can to find someone who can help me learn. 

Thanks @Jonathan Klemm You have to get the meter from the city but what I see people do that is easier is simply bill back based on proportionate share or simply add a flat fee of water to be collected each month with rent based on average uses the prior 12 months.   

My property manager has suggested some renovations and repairs be done to increase appearance of units while they are empty to attract better tenants and in turn, increase rents to closer to average for the area ($850+).

It's a game of hot potato, because with the demand for housing, you can always get more out of a property than you bought it for...until suddenly it's worthless and you can't, because it's literally falling apart.This has worked as a ratchet on prices for property in China, such that in many not-very-desirable areas in the Chinese cities with employment, a small apartment can be $200k-$500k, where people on average are only making $5k per year!!!!

The process has been pretty seamless, you should definitely look into what the average market rent is in the zip code you're looking to invest in.

Depending on which region, you're probably going to have appraisers that look at dollars per square feet averages and then adjusting numbers based on red flags that are far outside the norm for the area you're coming in.

Your expense ratio will be higher than a MH park (which average about 40%) depending on how many transient spaces you still have, the hours of operation you keep for your onsite staff to accommodate new arrivals, and the amenities at the park that create additional expense.

Based on the 29% (9 days/month) and $265 nightly rate I would be around ~ -$350/month, but 1-2 days better than that or booking at above the bottom average daily rate would be profitable.Originally posted by @Paul Sandhu:There is a lot more work than just listing it on Airbnb and putting in some appliances.